FILTERED BY TAG:

HMRC

X
Successive governments, Conservative, Labour and for a short term the LibDems (in coalition with the Conservatives), have over the last 30 years cut HMRC so much that it's no longer fit for purpose....
Read more and comment
Too many accountants give bad advice.I have come across so many that I now believe that they just can't be bothered to give the right advice because it means they have to do some work to help their client,The commonest example is that "unless you have a receipt you can't cla...
Read more and comment

2019 tax return deadlines

August 10, 2019
It's a wet weekend so I thought I'd write something interesting about tax. Never an easy task at the best of times.If HMRC have told you that you must submit a 2019 tax return you have until 31 January 2020 to submit it online or 31 October 2019 if you complete a paper retur...
Read more and comment
If you're self employed HMRC will allow you to claim for the cost of business journeys in two ways: 1) A percentage of all your car expenses based on the proportion of business miles you do. You may also be able to claim for the cost of your car as well. 2) An approved milea...
Read more and comment

HMRC penalties

November 17, 2018
HMRC have , without a doubt, over the last few years been less and less concerned about making sure taxpayers have done the right thing at the right time because if the taxpayer didn't bother there were ample opportunities for HMRC to charge penalties. In my opinion most of ...
Read more and comment
In very simple terms, during the current tax year, which will end on 5 April 2019, everyone can have an income of up to £11,500 without paying any tax (but see the notes below). Don’t forget that income is the total of what you have been paid by clients less your business...
Read more and comment
It all depends when you started being self employed. If it was on or after 6 April 2017 but on or before 5 April 2018 you must notify HMRC that you're self employed by 5 October 2018. If it was on or after 6 April 2018 you have until 5 October 2019.Having said that, there's ...
Read more and comment
The easiest way to pay your self assessment tax bill is by transferring the money online from your bank using Faster Payments. If you have a bill it will tell you which account to use. If you don’t have a bill, or you’re not sure, use HMRC Cumbernauld. Most banks have an...
Read more and comment
Yesterday (October 31) was the deadline for submitting your paper tax return for the year ended 5 April 2017. Don't panic if you've missed the deadline, you have until 31 January 2018 to submit the return online - by the way you only have 92 days left to complete it at toda...
Read more and comment

HMRC just don't play fair

September 3, 2017
Anyone who knows me well knows that I cannot stand unfairness. I will always stand up for the underdog in business or in my private life. Coupled with my professional desire to make sure my clients pay the correct amount of tax without entering into contrived tax avoidance s...
Read more and comment
Load more
Loading...
Load more
Loading...
 

This product has been added to your cart

CHECKOUT